While Nintendo's shares rose by 4% in the few hours leading to Nintendo NX/Nintendo Switch revelation earlier this week, they quickly dropped by 6% on the following day.
"Nintendo has not come out with any surprises to redefine gaming, as it did with the announcement of the Wii console, but we think the Nintendo Switch addresses some of the issues that came up with the Wii U and looks formidable," Nomura Securities’ Junko Yamamura told The Financial Times.
We've described the Switch as "one of decade's least surprising revelations." Aside from the device's clever modular design, the reveal video didn't actually divulge anything that wasn't reported online months ago. Obviously, this didn't sit well with shareholders who wanted Nintendo to reinvent gaming.
Fact is Nintendo Switch is an evolution, not a revolution, and that not necessarily a bad thing. As it stands, it is obvious to us that Nintendo is betting all its chips on execution. The Switch might actually be as successful as the original Wii if Nintendo managed to hit the right price point, provide several hours of battery life with uncompromised performance and secure a strong games lineup.
Nintendo has already touted that it has more than 48 heavyweight industry partners committed to support the Switch. The "Sampling on Nintendo Switch Partners" includes top publishers such as EA, Ubisoft, Bethesda, Capcom, Activision, and Square Enix. No doubt the list was revealed this early in order to cull fears that the new console would follow the footsteps of its predecessors and be populated chiefly by first party titles.
